The Itu nuclear power plant is a twin-reactor

nuclear power plant A nuclear power plant (NPP) is a thermal power station in which the heat source is a nuclear reactor. As is typical of thermal power stations, heat is used to generate steam that drives a steam turbine connected to a electric generator, generato ...

planned in

Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...

. The project foresees construction of two nuclear reactors supplied by

Atomstroyexport Atomstroyexport (russian: Атомстройэкспорт) is the Russian Federation's nuclear power equipment and service exporter. It is a fully owned subsidiary of Rosatom. The activities of Atomstroyexport are financially supported by the Russ ...

. The plant would be located in Itu,

Akwa Ibom State Akwa Ibom State is a state in the South-South geopolitical zone of Nigeria, bordered on the east by Cross River State, on the west by Rivers State and Abia State, and on the south by the Atlantic Ocean. The state takes its name from the Qua Iboe ...

. It is part of efforts to find solution to the shortage of power supply in the country. According to World Bank, more than 40% of the country was without electricity in 2014. The Nigeria Atomic Energy Commission (NAEC) explained that the site had been selected for the construction of two nuclear reactors after due considerations. Preliminary licensing of the approved site is expected by the end of 2016 from the Nigerian Nuclear Regulatory Authority (NNRA) which has started the process of developing the license. On 30 October 2017, Russia’s state-owned Rosatom and Nigeria have signed agreements for the construction and operation of the nuclear power plant. The plant would be co-financed by

Rosatom Rosatom, ( rus, Росатом, p=rɐsˈatəm}) also known as Rosatom State Nuclear Energy Corporation, the State Atomic Energy Corporation Rosatom or Rosatom State Corporation, is a Russian state corporation headquartered in Moscow that speciali ...

, which will build, own, operate and transfer (BOT) it to the Nigerian government. The estimate cost is about $10 billion.

References

{{Nuclear power by country Proposed nuclear power stations Nuclear power in Nigeria Nuclear power stations using VVER reactors Proposed power stations in Nigeria